Moreover, Ravi Narain and Chitra Ramkrishna -- who had served as MD and CEO of the exchange -- have been asked to disgorge 25 per cent of respective salaries drawn during a certain period.
Petitioner Rajkot Jilla/Sahar Grahak Suraksha Mandal, an NGO, has taken exception to the rules contained in 13.1.2 of Chapter XIII (Disclosure and Investor Protection) Guidelines of Sebi and said using these rules many promoters were playing fraud on the companies.
India must announce liberal policies to attract foreign investors.
In the first move of its kind in the country, the Securities and Exchange Board of India has decided to finance investor associations that propose to fight collective suits - which resemble US or European-style class action suits - in Indian courts
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Sebi has been engaged in a long-running case with Sahara group over refund of more than Rs 24,000 crore (about $five billion) collected by two Sahara companies from more than three crore investors through issue of certain bonds.
Sebi has been engaged in a long-running case with Sahara group over refund of more than Rs 24,000 crore (about $five billion) collected by two Sahara companies from more than three crore investors through issue of certain bonds.
A source said Sebi planned to tag brokers based on their performance on areas such as compliance, investor protection and arbitration.
In case of any grievance, file a complaint with Sebi on its SCORES (Sebi Complaints Redress System) web site, suggests Sanjay Kumar Singh.
C S Bhave has to work on the homework of his predecessor to speed up the processes in the market. He also has to contend with the bitter legal battle between Sebi and his organisation NSDL.
Reliance Power's exemption demands prompt move.
The Delhi high court has issued notices to the Centre, Securities and Exchange Board of India and real estate firm DLF on an application challenging the company's decision to allot debentures to minority shareholders early this month.
The Bombay Stock Exchange has warned investors to be careful before investing in the stock markets.
The advisory follows several such 'trading leagues' coming to light, including one by a film star and her husband, wherein the general public is asked to guess returns for some particular stocks and get prizes for right bets, among others.
Gandhi had put out a tweet in Hindi, taking off from a famous Ghalib verse to say that Jaitley was deluding himself.
Government and Securities and Exchange Board of India have taken a number of measures to further enhance the efficiency and safety of the markets and ensure investor protection, Finance Minister Jaswant Singh said in Lok Sabha on Friday.
Crypto-assets are essential to blockchain technology, which has the potential to be one of the next major growth drivers for the software ecosystem in India. A prohibition would nip this opportunity in the bud, say Vaibhav Parikh and Jaideep Reddy.
India has been ranked at 142 among 189 countries in the latest World Bank's "Ease of Doing Business" report, a drop by two places from the last year's ranking.
India is perceived to be a powerhouse for investment in coming times.
Industry body Amfi to hold meeting to decide on road map.
The assets mentioned in the Sebi order are already in possession of the ED for violation of an anti-money laundering law by Mallya and PMLA overrides all other laws, providing ED first right over the assets.
Currently, FPIs can invest up to $30 billion in Government securities, of which $5 billion is reserved for long-term investors.
The proposal has been discussed by Sebi's Committee on Rationalisation of Financial Resources, which favours setting up such a fund.
If there is one regulation that has undergone the highest number of changes over the past five years, it is the Issue of Capital Disclosure Requirements (ICDR) Regulations.
Sebi wants angel networks to follow public and private placement norms
Every move that strengthens Cyrus Mistry's position in companies like Indian Hotels could prolong the uncertainty.
Enactment of Insolvency and Bankruptcy Code has been instrumental in pushing up India's ranking in the 'Doing Business' report
The new powers are aimed at making Sebi more effective in protecting investor interest and helping it to better regulate the market.
Some of the newer regulations are such that they are even better than many advanced countries such as in the Americas and the Europe.
The failure to reform has meant that there is no buzz about job opportunities, or about urban opportunities enticing young people off the farms. And it is this failure that has contributed to the widespread disappointment that threatens to make the next general elections closer than expected, says Mihir S Sharma.
Always avoid companies that promise assured returns that are too good to be true.
Prime Minister Narendra Modi hailed as "historic" the jump.
Sebi will be taking a number of measures to develop a derivatives market of commodities.
Denmark topped the list of the 144 nations.
Prime Minister Narendra Modi will undertake a day-long tour of his Lok Sabha constituency on Friday.
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